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Investment Highlights

  • High Ceilings
  • Easy Access
  • Off-Street Parking
  • Great Visibility
  • Many Recent Updates
  • Apartments with strong rental histories

Executive Summary

Versatile and Well-appointed mixed-use building. Main Floor Currently set up as a restaurant and catering kitchen. Could be adapted to new concept, or taken over as catering/restaurant operation. Walk-in Refrigerator and Freezer, fully-operational hood & bar top, ice-maker, business office and additional common restroom upstairs are all in-place. Or, Could be creative space, gallery, showroom, classrooms, retail outlet, co-working, designer, or architect. High ceilings, private restrooms, off-street parking with opportunity to lease space from adjacent property to the north provide opportunity for so many options. The two upstairs apartments come with many recent updates. Both are currently leased. Metered Electric Service in both apartments. Owner provides Heat, shared, internet, trash service and water. Great opportunity for a small business to acquire a building and have income day one!! Just south of 96 and just off 35e. Easy to get to and highly visible. Building Signage Opportunity. Minutes to downtown White Bear Lake.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,200 SF
Building Class
C
Year Built
1983
Price
$1,354,470 CAD
Price Per SF
$260.47 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.30 AC
Zoning
Business/Commercial - Just south of 96 and just off 35e. Easy to get to and highly visible. Building Signage Opportunity. Minutes to downtown White Bear Lake.
Parking
14 Spaces (2.68 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Anytime Fitness
Caribou Coffee
Lunds & Byerlys
Cub Foods
Starbucks
Bremmer Bank
Noodles & Company
Applebee's
Life Time Fitness

Property Taxes

Property Taxes

Parcel Number
21-30-22-12-0021
Land Assessment
$93,493 CAD (2025)
Improvements Assessment
$536,787 CAD (2025)
Total Assessment
$630,280 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40768049

  • Date on Market: 2026-06-03

  • Last Updated:

  • Address: 4466 Centerville Rd, White Bear Lake, MN 55127

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